# PPP loan: SPRING DYNAMICS, INC.
> **$503K** approved 04/30/2020 · Paid in Full · Loan `6483787300`
## Borrower
- **Name:** SPRING DYNAMICS, INC.
- **Address:** 7378 RESEARCH DRIVE, ALMONT, MI, 48003
- **NAICS:** 332613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 41
## Lender
- **Originating:** Tri-County Bank
- **Servicing:** Tri-County Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*